Feasibility Study

Our hands on experience on all shades of expertise dealing with project management give us a cutting edge advantage to prepare a realistic feasibility study which will give our clients a true picture of constraints associated with a project in terms of time, money, technology and operational aspects that will impact a user’s need analysis and assessment of project. Our feasibility gives a complete overview and the detailed view important for the sponsors before deciding to undertake a project or otherwise. We understand that the laid down criteria are based on the limitations and dynamics of every organization’s own set of conditions. So we have a detailed review of conditions leaving no area unattended. Our feasibility will not let the decision makers feel short of information. We cover every aspect under the following four main categories. 

Operational Feasibility: Under this category of service we conduct a study to analysis and determine whether your business need can be fulfilled by using a proposed solution. The result of our operational feasibility Study will clearly outline that the solution proposed for your business is operationally workable and conveniently solves your problems under consideration after the proposal is implemented. This is sometimes referred to as ‘Feasibility Evaluations’. We would precisely describe how the system will interact with the systems and persons around. Our feasibility report would provide results of interest to all stakeholders. 

Technical Feasibility: We evaluate your business situation and consider various technical options and issues to make sure that a bug free, secure and efficient services is proposed. We examine all eventualities to make an agile solution with your present and future needs in mind. We make a strive to keep you ahead of your competition and adopt a proactive approach to apprise you of upcoming technical challenges. The most important aspect of our study objectives is to make sure that there are no production barriers and there are minimum external dependence in the proposed solution. The system integrates technically with available add-ons. 

Financial Feasibility. Our experts carry out economic analysis for evaluating the effectiveness of a proposed solution against the existing solution and all other available options, giving due consideration to limitations and constraints of our clients. In other words we provide a snapshot of cost/benefits analysis. Our process determines the immediate and projected benefits and savings that are expected from a proposed system and compare them with the immediate and the projected costs. Obviously the benefits must outweigh the costs to make it a viable solution, which makes a business sense. 

Timeline Feasibility. It is important to understand that a need must be fulfilled when it has to be. Some otherwise feasible and highly desirable projects can become non-feasible due to very restrictive timeline constraints. This fact makes it imperative that milestones are clearly linked to the timeline and projects are well conceived with safe unforeseen margins. We make sure that we strictly follow what has been stated above.

For more information send us an email to technical@primemethods.com.

You may also use our contact us form to get specific details about our products and services.